Would it be fair to say that the fact talks may happen between the trumpster and kim jong madhatter over the nuclear question will have a negative affect on the gold price.
Is it also fair to say that the strong economic numbers coming out of US will have a negative affect also. As money stays strong in equities and doesn't move to gold.
And it looks like the main thing working positively on the gold price are the tariffs the trumster announced that threaten to escalate into a full blown trade war and any fears the market has of this.
Now i take what Kim Jong Madhatter says with a grain of salt and cannot see strong chances of any long term de-escalation of tensions as the bloke cant be trusted and the Trumpster has an itchy trigger finger.
So in my thoughts we may see a short term pullback in the gold price , followed by a return to the recent upward trend based on geo-political and economic factors.
And i agree that buying the dips is how i will play this.
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